NWF Group lifts full-year expectations even further

31st Mar 2022 16:25

(Sharecast News) - Specialist fuel, food and feed distributor NWF Group updated the market on its current trading on Thursday, lifting its expectations for the year even further.

The AIM-traded firm said that after increasing its expectations for the 12 months ending 31 May on 8 March, it had continued to outperform.

As a result, the board said it now anticipated full-year results would be "significantly ahead" of its revised expectations.

"This has been led by the fuels business as a result of exceptional circumstances, with the very significant short-term volatility in oil prices and a supply-constrained UK fuel market."

At 1502 BST, shares in NWF Group were up 7.62% at 240p.

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